Word: opm
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Dates: during 1940-1949
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Like a cry for help and its echo from a chasm were statements of the two top U.S. defense officials last week. OPM's William Knudsen in Manhattan said that present defense output of $9 billions annually must be increased to at least $20 billions by next summer. OPACS' Leon Henderson in Washington gloomed, "Soon there will be 2,000,000 more unemployed...
...Within the next few weeks the nation will be shocked at the amount of 'priority unemployed.' " Senator O'Mahoney dropped a bill in the hopper that would amend the priorities law in order "to prevent bankruptcy for thousands of small manufacturers." From mouth to mouth passed OPM's most striking statistic: 75% of defense contracts have gone to 56 big firms...
...answer to both problems-subcontracting-has been verbally agitated by OPM for eight months. Chief method: "defense clinics," at which big & little manufacturers are brought together, given every opportunity to make deals. The biggest of these clinics was run off in New York City last week...
...steel industry, with RFC funds, can and will expand its present capacity by 15,000,000 tons (17%). So says an OPM report on the President's desk this week. It also says that this expansion-about equal to the total capacity of the British steel industry-will "begin feeding steel into the defense program in about nine months" (it will be two years before it can be completed...
...Home. Last week OPM Statistician Stacy May (see p. 61) flew to London. One of his quests: better statistics on Britain's use and need of her Lend-Lease imports. The British, out of fumbling politeness, have sometimes ordered things (such as cotton) they do not really need, and have timed their other orders very badly. Last month Sir Kenneth Lee of Britain's Industrial & Export Council arrived in the U.S. One of his jobs: to investigate and answer complaints of sharp British trade practices that hurt...